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See how verdicts work1-bedroom flat · CV3 3GL
No longer listedReduced £2.5k (−3%) on 29 AugListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity | tenanted property achieving £700PCM Shortland Horne are pleased to present this well-proportioned one bedroom ground floor apartment, ideally located in the heart of Willenhall on Upper Ride.
Offered with a tenant in situ currently paying £700 pcm, this property presents an excellent ready-made investment opportunity with immediate income.
The property is positioned within a well-established residential setting, benefitting from a green outlook to the front and a pleasant sense of space, whilst still being conveniently located for local amenities.
Internally, the property offers well-balanced accommodation throughout, briefly comprising a spacious lounge with large window allowing for an abundance of natural light, a fitted kitchen with a range of wall and base units, work surfaces and space for appliances.
The double bedroom is generously sized, and the property is completed by a modern bathroom fitted with a white suite including bath with shower over.
Further benefits include a private balcony area and external storage shed adding to the overall appeal.
The location provides excellent access to Coventry City Centre, University Hospital Coventry & Warwickshire, and key road networks including the A46 and M6, making it a popular choice for tenants and commuters alike.
An ideal turnkey investment with strong rental demand in the area.
*Please note the photographs were taken prior to the current tenancy* good to know: Tenure: Leasehold Length Of Lease Remaining: 89 Years Service Charge: £687 Per Annum Approx Ground Rent: £10 Per Annum Approx Rental Income: £700 pcm (Periodic Tenancy) EPC Rating: D Council Tax Band: A please note that lease details are for guidance purposes only and we would respectfully request that you seek clarification of the exact terms via your solicitor
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 20, Upper Ride, Coventry
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